Binance Coin (BNB) has hit the jackpot as the coin continues to surge. BNB has become one of the top choices for traders looking to expand their profits. Similarly, DTX Exchange (DTX) is gaining traction as investors continue to join in the presale!
Polygon (MATIC), on the other hand, has been slumping as it registers massive losses. Despite the recent updates on the network, Polygon is down on the daily and weekly charts, along with major declines in the market cap and trading volumes.
Thus, investors stay focused on emerging opportunities, especially the DTX Exchange, due to its remarkable market performance and low investment value.
Binance Coin (BNB) Price Analysis
The Binance Coin (BNB) is set for a surge in the current session as the coin shows an intra-day increase of 2%. Binance Coin (BNB) started the day at $497 and has reached the $507 mark at press time.
The daily price chart of Binance Coin (BNB) is dominated by green candles, exhibiting increasing momentum. The coin has also surged notably within the previous month.
The monthly price charts are also dominated by green candles, as the Binance Coin (BNB) surges from the $475 to the $508 mark. This surge represents a swift ascent of over 19% for the coin within the previous month. The movement of BNB across the $500 resistance level is seen as an optimistic step towards a bullish breakout.
$500 has been a strong resistance for the Binance Coin (BNB), crossing this level represents a strong bullish movement for BNB!
Polygon (MATIC) Suffers Losses: Rebranding Fails To Create An Uptrend
Polygon (MATIC) rebranding news created a stir in the market, however, the current price actions prove that even the rebranding has failed to initiate a bullish trajectory for MATIC. The coin suffers massive losses despite its recent updates.
The current session registers a stark decline of over 53% in the market-cap of Polygon (MATIC), that too within a day! Market experts are shocked to see Polygon’s (MATIC) market cap reaching the $1,719,887,081 mark! The decrease has caused panic among investors.
Moreover, the 24-hour trading volume has also decreased by over 44%, reaching the $183,917,126 level. The decrease in trading volume and market cap is a symbol of the decreasing investor’s confidence in MATIC’s future. Red candles are continuously dominating Polygon’s (MATIC) price charts.
Registering an intra-day loss of over 2.5%, Polygon (MATIC) is down by over 17% from last week’s value of $0.44, currently trading at $0.37.
DTX Exchange (DTX): A Disruptive Force!
The first hybrid trading platform using the VulcanX blockchain- DTX Exchange– is all the buzz with its exceptional features. The platform’s cross-functional approach to stocks, cryptocurrencies, equities, and contract trading options is revolutionizing the trading sector worldwide.
DTX Exchange aims to create a huge impact and is supported by a quickly expanding community. An additional feature of the most recent update is a Layer-1 blockchain, called the DTX testnet. This offers a parallel blockchain for testing, defect finding, and ensuring that the code is functioning correctly before it is deployed on the main blockchain.
Once deployed, it is anticipated that the blockchain will perform better than current front-runners and be a creative rival to the most popular altcoins. Another reason behind the DTX craze is its community-centric approach. DTX has thoughtfully integrated data streams from various financial platforms to give investors a simpler option.
In the first few weeks of its stage 3 presale, the platform has raised over $2.4 million. This funding is anticipated to hasten the deployment of DTX products, which are essential to the creation of a decentralized ecosystem and include the layer-1 blockchain, integrated wallet application, and enterprise APIs.
An additional alluring aspect that encourages investors to remain with DTX is the token price of $0.06! Stage 3 of presale is the best time to invest in DTX!
Key Takeaways
- Binance Coin (BNB) is set for a rally, as it crosses $500 resistance.
- Polygon (MATIC) shows a massive decline in trading volume and market cap.
- DTX Exchange (DTX) presale soars past $2.4 Million, nears touching the $3 Million mark.
Learn more:
Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses.
 makes news with its gains just as DTX continues to create a buying frenzy in the DeFi space. Polygon (MATIC) suffers losses despite the recent updates.){kind=link}